Google loses antitrust lawsuit to Epic Games
Adolf Goebbels
Published on Dec 12, 2023
Google (GOOG, GOOGL) lost an antitrust lawsuit brought by Epic Games with a jury unanimously deciding the tech giant acted anti-competitively in the app market. The verdict states Google unfairly leveraged its monopoly power.
Yahoo Finance's tech editor Dan Howley analyzes the implications, examining why Apple (APPL) avoided similar app store scrutiny and discussing how the decision could impact Play Store revenue as Google faces pressure to open up its platform.
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